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54 cities in danger of a housing crisis

GOBankingRates Logo By Joel Anderson of GOBankingRates | Slide 1 of 56: For most people, the housing crisis of 2008 is still a recent and painful memory of precisely how damaging a housing crisis can be. When housing markets aren’t working, it makes it much harder for people to invest in their future and build a home for their families.For many American cities, there are now some troubling signs that they could be in danger of a housing crisis striking in the future, according to a study from GOBankingRates. The study took a look at things like the percentage of mortgages that have negative equity — meaning the home is ultimately worth less than the total cost of the mortgage, also referred to as being “underwater” on the mortgage — along with vacancy and delinquency rates, scoring each category to come up with a final ranking.Click through to see if your city is in danger of a housing crisis.

These cities might need to prepare for some housing troubles

For most people, the housing crisis of 2008 is still a recent and painful memory of precisely how damaging a housing crisis can be. When housing markets aren’t working, it makes it much harder for people to invest in their future and build a home for their families.

For many American cities, there are now some troubling signs that they could be in danger of a housing crisis striking in the future, according to a study from GOBankingRates. The study took a look at things like the percentage of mortgages that have negative equity — meaning the home is ultimately worth less than the total cost of the mortgage, also referred to as being “underwater” on the mortgage — along with vacancy and delinquency rates, scoring each category to come up with a final ranking.

Click or swipe through to see if your city is in danger of a housing crisis.

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